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Kaylis [27]
2 years ago
7

The FASB Accounting Standards Codification represents the single source of authoritative U.S. generally accepted accounting prin

ciples. Required: 2. What is the specific citation that describes examples of circumstances under which an investment in debt is available to be sold and therefore should not be classified as held-to-maturity?
Business
1 answer:
kipiarov [429]2 years ago
4 0

Answer:

320 Investments—Debt and Equity Securities

10 Overall

25-4 Recognition

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Answer:

NPV is $28.5 million

Payback is 4.31 years

IRR is 13.25%

MIRR is 12.51%

Explanation:

The NPV,payback period,Internal rate of return and modified internal rate of return were computed in the attached spreadsheet.

Payback period=the year of the first positive cumulative cash flow+the year cumulative cash flow/the next year cash flow

the year of first positive cumulative flow is year 4

the cumulative cash flow for year 4 is $66 m

the next year cash flow is(year 5) is $210

payback=4.31

Download xlsx
4 0
3 years ago
9. OMG Corporation just paid a $1.50 annual dividend on each share. It is planning on increasing its dividend by 15 percent a ye
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5 0
2 years ago
People slip into _____ when the desire for harmony outweighs concerns over decision quality.
dimulka [17.4K]
This is called groupthink
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2 years ago
During a sales meeting, you use the Google Trends tool to show insights and link back to what the client said about hiring someo
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Answer:

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2 years ago
W. L. Gore & Associates is organized in such a way that it has no formal job titles, job descriptions, or chains of command.
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Answer:

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2 years ago
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